Initial Reimbursement Amount definition

Initial Reimbursement Amount has the meaning set forth in Section 6.11(b).
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Initial Reimbursement Amount means Spring Lane’s and its Affiliates’ reasonable and documented third-party out of pocket legal and professional expenses in connection with the due diligence investigation and evaluation of entering into (i) this Agreement, including the negotiation, authorization, execution and delivery of this Agreement, up to a maximum amount of $50,000; and (ii) the other Transaction Documents and the Project Documents.
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Initial Reimbursement Amount means the Retained Sales Tax Revenues plus the Retained Mixed Beverage Tax Revenues derived from the Adjacent Property.
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Examples of Initial Reimbursement Amount in a sentence

  • Seller shall (and the Stockholder shall cause Seller to) pay to Buyer the Initial Reimbursement Amount not later than fifteen (15) days after Seller’s receipt of the Initial Warranty Costs Statement.

  • Beginning on the Reimbursement Date and continuing each quarter throughout the Term of this Agreement, the City shall pay the Reimbursement Amount and Initial Reimbursement Amount due to the Developer within 45 days following the end of the month for which Retained Sales Tax Revenues and Retained Mixed Beverage Tax Revenues are received by the City and deposited into the Reimbursement Fund, pursuant to this Agreement (the “City Commitment”).

  • Based upon the quarterly calculation by City of the Reimbursement Amount and the Initial Reimbursement Amount, the City hereby agrees to deposit the Retained Sales Tax Revenues and Retained Mixed Beverage Taxes due to Developer in the Reimbursement Fund within five (5) business days following receipt from the State Comptroller.

  • Seller shall pay to Buyer the Initial Reimbursement Amount not later than fifteen (15) days after Seller’s receipt of the Initial Warranty Costs Statement.

  • The Developer's receipt of the Reimbursement Amount and the Initial Reimbursement Amount is subject to the following commitment (the “Job Creation Condition”): the Developer agrees that at least 25 full-time equivalent positions will be employed by tenants or businesses located at the Property or at the Adjacent Property.

  • The City agrees that its failure to either pay the Reimbursement Amount and Initial Reimbursement Amount when due, is an event of default (a "Payment Default") and that the Developer shall be entitled to any and all of the remedies available in this Article or otherwise at law or equity.

  • Seller shall (and the Stockholders shall cause Seller to) pay to Buyer the Initial Reimbursement Amount not later than fifteen (15) days after Seller’s receipt of the Initial Warranty Costs Statement.

  • For avoidance of doubt, before making any distributions to any party, the Company shall have paid Spring Lane the Initial Reimbursement Amount, to the extent not previously paid in accordance with Section 10.9 of the Contribution Agreement.

Related to Initial Reimbursement Amount

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Trust Reimbursement Amount As defined in Section 3.06A(a) of this Agreement.

  • Workout-Delayed Reimbursement Amount As defined in subsection (II)(i) of Section 3.05(a).

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Special Reimbursement Date means, the special payment date established in connection with a Reimbursement under Special Circumstances as described hereunder “Extraordinary Events and Special Circumstances – Reimbursement Under Special Circumstances and Payment”.

  • Workout-Delayed Reimbursement Amounts With respect to any Mortgage Loan or Serviced Loan Combination, the amount of any Advance made with respect to such Mortgage Loan or Serviced Loan Combination on or before the date such Mortgage Loan or Serviced Loan Combination becomes (or, but for the making of three monthly payments under its modified terms, would then constitute) a Corrected Loan, together with (to the extent accrued and unpaid) interest on such Advances, to the extent that (i) such Advance is not reimbursed to the Person who made such Advance on or before the date, if any, on which such Mortgage Loan or Serviced Loan Combination becomes a Corrected Loan and (ii) the amount of such Advance becomes a future obligation of the Mortgagor to pay under the terms of modified Loan Documents. That any amount constitutes all or a portion of any Workout-Delayed Reimbursement Amount shall not in any manner limit the right of any Person hereunder to determine in the future that such amount instead constitutes a Nonrecoverable Advance.

  • Reimbursement Amount As defined in Section 2.04.

  • Capitalization Reimbursement Amount As to any Distribution Date, the amount of Advances or Servicing Advances that were added to the Stated Principal Balance of the related Mortgage Loans during the prior calendar month and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date pursuant to Section 3.10(a)(vii), plus the Capitalization Reimbursement Shortfall Amount remaining unreimbursed from any prior Distribution Date and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date.

  • Expense Reimbursement has the meaning set forth in Section 8.2(c).

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • Reimbursement Amounts As defined in Section 3.22.

  • Increase Amount is defined in Section 2.3(a).

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • Cost Reimbursement means a contract which provides for a fee other than a fee based on a percentage of cost and under which a contractor is reimbursed for costs which are allowable and allocable in accordance with the contract terms.

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.

  • Financing Costs Adjustment Date means each of the following days:

  • Termination Date Disbursement means an amount drawn under a Multi-Series Letter of Credit pursuant to a Certificate of Termination Date Demand.

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Capitalization Reimbursement Shortfall Amount With respect to any Distribution Date and, with respect to any Mortgage Pool comprised of two or more Loan Groups, each Loan Group, the amount, if any, by which the amount of Advances or Servicing Advances that were added to the Stated Principal Balance of all Mortgage Loans (or, if the Mortgage Pool is comprised of two or more Loan Groups, on the Mortgage Loans in the related Loan Group) during the preceding calendar month exceeds the amount of principal payments on the Mortgage Loans included in the Available Distribution Amount (or, if the Mortgage Pool is comprised of two or more Loan Groups, Available Distribution Amount for the related Loan Group) for that Distribution Date.

  • Expense Fees As to each Mortgage Loan, the sum of the Servicing Fee and the Trustee Fee.

  • Termination Costs means all documented Direct Costs and Indirect Costs incurred by Transmission Owner in connection with the performance of the Services (i) prior to the effective date of termination, including such costs incurred for materials, equipment, tools, construction equipment and machinery, engineering and other items, materials, assets or services that cannot reasonably be avoided, mitigated or cancelled, (ii) to unwind any work undertaken prior to or after the effective date of termination to the extent reasonably necessary to return the Projects to a configuration or condition in compliance with Good Utility Practice and applicable Law, and (iii) arising from cancellation costs relating to orders or contracts entered into in connection with the performance of Services by Transmission Owner prior to the effective date of the termination.

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • Assigned Annual Special Tax means the Special Tax of that name described in Section D.

  • Company Reimbursable Costs means the actual costs and expenses incurred by Company and/or its Affiliates in connection with performance of the Company Work or otherwise incurred by Company and/or its Affiliates in connection with this Agreement, and including, without limitation, any such costs that may have been incurred by Company and/or its Affiliates in connection with the Company Work or this Agreement prior to the Effective Date. These Company Reimbursable Costs shall include, without limitation, the actual expenses for labor (including, without limitation, internal labor), services, materials, subcontracts, equipment or other expenses incurred in the execution of the Company Work, all applicable overhead, overtime costs, all federal, state and local taxes incurred (including, without limitation, all taxes arising from amounts paid to Company that are deemed to be contributions in aid of construction), all costs of outside experts, consultants, counsel and contractors, all other third-party fees and costs, and all costs of obtaining any required permits, rights, consents, releases, approvals, or authorizations acquired by or on behalf of Company, including, without limitation, the Required Approvals.

  • Start-Up Costs means all fees, costs, and expenses incurred in connection with establishing the State Mitigation Trust and the Indian Tribe Mitigation Trust and setting them up for operation. Start-up costs shall not include the cost of premiums for insurance policies.